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Basel III rush shows investor comfort, but doubts remain
Asia’s Basel III activity burst into life this week as UOB and ANZ both priced the first US dollar deals from their respective countries and Mizuho hit the road for what will be Japan’s first bank capital deal under the new rules.
But despite this week’s rush, the pipeline is hard to gauge, writes Isabella Zhong.
UOB led the way this week when it printed an $800m tier two bond on Tuesday (see page 4). It was followed by ANZ's own $800m tier two a few days later. Finally, on Thursday, ...Already a subscriber? Login
